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Accumulated Other Comprehensive Income (Loss) (Tables)
12 Months Ended
Dec. 31, 2020
Equity [Abstract]  
Components of Changes in Accumulated Other Comprehensive Income (Loss)

The components of changes in accumulated other comprehensive income (“AOCI”) are as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Accumulated

 

 

Foreign

 

 

Defined

 

 

 

 

 

 

Other

 

 

Currency

 

 

Benefit

 

 

Derivative

 

 

Comprehensive

 

 

Adjustments

 

 

Plans

 

 

Agreements

 

 

Income (Loss)

 

Balance December 31, 2017

$

(31.6

)

 

$

(0.6

)

 

$

(4.2

)

 

$

(36.4

)

Adoption of new accounting pronouncements (Note 1)

 

(0.3

)

 

 

0.1

 

 

 

(0.4

)

 

 

(0.6

)

Other comprehensive income before reclassifications

 

(10.6

)

 

 

1.9

 

 

 

(9.7

)

 

 

(18.4

)

Amounts reclassified to consolidated statement of

   income(a)

 

0.0

 

 

 

0.0

 

 

 

0.0

 

 

 

0.0

 

Tax benefit (expense)

 

0.0

 

 

 

(0.5

)

 

 

2.3

 

 

 

1.8

 

Other comprehensive income (loss)

 

(10.6

)

 

 

1.4

 

 

 

(7.4

)

 

 

(16.6

)

Balance December 31, 2018

$

(42.5

)

 

$

0.9

 

 

$

(12.0

)

 

$

(53.6

)

Other comprehensive income (loss) before reclassifications

 

3.8

 

 

 

(1.3

)

 

 

(30.2

)

 

 

(27.7

)

Amounts reclassified to consolidated statement of

   income(b)

 

1.9

 

 

 

0.0

 

 

 

6.1

 

 

 

8.0

 

Tax benefit (expense)

 

0.0

 

 

 

0.4

 

 

 

6.2

 

 

 

6.6

 

Other comprehensive income (loss)

 

5.7

 

 

 

(0.9

)

 

 

(17.9

)

 

 

(13.1

)

Balance December 31, 2019

$

(36.8

)

 

$

0.0

 

 

$

(29.9

)

 

$

(66.7

)

Other comprehensive income (loss) before reclassifications

 

10.4

 

 

 

0.0

 

 

 

(34.8

)

 

 

(24.4

)

Amounts reclassified to consolidated statement of

   income(b)

 

0.0

 

 

 

0.0

 

 

 

5.8

 

 

 

5.8

 

Tax benefit (expense)

 

0.0

 

 

 

0.0

 

 

 

7.7

 

 

 

7.7

 

Other comprehensive income (loss)

 

10.4

 

 

 

0.0

 

 

 

(21.3

)

 

 

(10.9

)

Balance December 31, 2020

$

(26.4

)

 

$

0.0

 

 

$

(51.2

)

 

$

(77.6

)

(a)

Amounts reclassified to cost of sales or interest expense. 

(b)

Amounts reclassified to cost of sales, selling, general and administrative expenses, or interest expense.